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Lotus Ventures (XCNQ:J) Pre-Tax Income : C$-1.87 Mil (TTM As of Aug. 2023)


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What is Lotus Ventures Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Lotus Ventures's pretax income for the three months ended in Aug. 2023 was C$-0.64 Mil. Its pretax income for the trailing twelve months (TTM) ended in Aug. 2023 was C$-1.87 Mil. Lotus Ventures's pretax margin was -84.57%.

During the past 12 years, Lotus Ventures's highest Pretax Margin was 32.27%. The lowest was -283.61%. And the median was 4.40%.


Lotus Ventures Pre-Tax Income Historical Data

The historical data trend for Lotus Ventures's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lotus Ventures Pre-Tax Income Chart

Lotus Ventures Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.50 -2.91 1.49 0.24 -4.79

Lotus Ventures Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.93 -0.77 -0.13 -0.34 -0.64

Competitive Comparison of Lotus Ventures's Pre-Tax Income

For the Drug Manufacturers - Specialty & Generic subindustry, Lotus Ventures's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lotus Ventures's Pre-Tax Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Lotus Ventures's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Lotus Ventures's Pre-Tax Income falls into.



Lotus Ventures Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Lotus Ventures's Pretax Income for the fiscal year that ended in Aug. 2022 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-4.596+-0.022+-0.175+0+0
=-4.79

Lotus Ventures's Pretax Income for the quarter that ended in Aug. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=-0.567+0+-0.068+0+-0.001
=-0.64

Pre-Tax Income for the trailing twelve months (TTM) ended in Aug. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1.87 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lotus Ventures  (XCNQ:J) Pre-Tax Income Explanation

Lotus Ventures's Pretax Margin for the quarter that ended in Aug. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=-0.636/0.752
=-84.57%

During the past 12 years, Lotus Ventures's highest Pretax Margin was 32.27%. The lowest was -283.61%. And the median was 4.40%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lotus Ventures Pre-Tax Income Related Terms

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Lotus Ventures (XCNQ:J) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1010, Vancouver, BC, CAN, V6E 2Y3
Lotus Ventures Inc is a licensed cannabis producer that serves customers in Canada. The company created a purpose-built facility with proprietary standard operating procedures to reliably produce rare and high-quality strains of cannabis for consumers looking for a consistent experience.
Executives
Gary Kenneth Mathiesen Senior Officer